Encouraging contribution of enterprises to Environment Protection Fund

Master Plans

On the morning of June 2, Dong Nai Department of Natural Resources and Environment (DDNRE) held the first meeting to report the operational performance of Dong Nai Environment Protection Fund in 2008 and to set up plan for 2009. The event was attended by Vice Chairman of the Provincial People’s Committee Ao Van Thinh and related departments and sectors.

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Delegates at the meeting

DDNRE reported that in spite of newly being put into operation, Dong Nai Environment Protection Fund (DEPF) has achieved good result with a total fund of nearly VND30 billion. As of April 1, 2009, 6 projects were licensed to get loans from the Fund with a loan capital of VND10,845 billion; accounting for 36.4%. In 2009, the Fund plans to deal with 100% of loan documents belonging to the list of documents which is expected to provide loans; more than 50% of arising documents registering to get loans; and 100% of documents will be provided enough funds in according to their implementation process.

Addressing at the meeting, Vice Chairman Ao Van Thinh said that it was necessary for the Fund to encourage the contribution from enterprises. Accordingly, the Fund needs to clearly know its expenditure and activities so that it can suitably work out its disbursement as well as can access to different sources of fund, serving the environmental protection. Another way to solve the lacking of fund is to get loans from Vietnam Environment Protection Fund.

Reported by T.C, Translated by Minh Minh

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